Alright, I guess you lot want some further information. Forthcoming.
I am learning to be a Luthier, until then I take apart and put back together guitars for sheer fun. I don't really know much about electronics and the modding thereof, but am learning as I go along with guitar studies.
The iAxe is here :
http://www.thinkgeek.com/computing/avcards/8c43/
It is a guitar designed by Behringer and has a system that derives the signals from the pickups to a USB cable. I think that's neat.
I thought that using my Pandora as a guitar amp would be the ultimate in neatness and functionality by having it in my pocket with my guitar plugged into it and totally rocking out. Using headphones or possibly transmitting to a speaker system through Bluetooth.
I would just buy an Amp-in-a-box or a Barn Burner. . . but that's just too easy.